NOT LISTED FOR SALE

407 Fair St Salem, IN 47167

Estimated Value: $200,000 - $286,901

3 Beds
2 Baths
1,800 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $243,000 $135 Per Sq Ft

Current estimated payment $1,508/month

102 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of May 2023

Don't miss out on this newly built 3 bedroom, 2 bathroom home situated in the heart of Salem! Luxury vinyl plank throughout, and a large bonus room above the attached garage. A covered front porch, attached garage and back deck make the outside very inviting. Near the 4-H Fairgrounds, shopping, restaurants, schools, and the hospital.

Last Agent to Sell the Property

Mary Finkle

Mainstreet Realtors Listed on: 01/12/2023

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $129

Year Built

  • Built in 2023

Lot Details

  • 0.39 Acre Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,800 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Schools

  • Bradie M Shrum Elementary School
  • Salem Middle School
  • Salem High School

Additional Features

  • Covered patio or porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 88-24-20-111-014.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$129

Year Built

Built in 2023

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2023
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 13-20-111-014.000-22 PT NE 20-2-4 .39AC
  • Parcel Number ID: 88-24-20-111-014.000-022
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, Dryer Hook Up Electric, Porch Covered, Main Level Bedroom Suite, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 101.25
  • Year Taxes Payable: 2021/2022
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Price Per Sq Ft: 135
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 11x16, On Level: Main
  • Extra Room: bonus room, Dimensions: 14x14, On Level: Upper
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 12x14, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 19x24
  • Garage Sq Ft: 456
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Midwest Natural Gas Corp
  • Laundry: Dimensions: Mainx12, On Level: 10

Schools

  • School District: Salem Community Schools
  • Elementary School: Bradie M Shrum
  • Middle School: Salem
  • High School: Salem
  • Elementary School: Bradie M Shrum

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: .39
  • Estimated Lot Sq Ft: 16988
  • Estimated Lot Size Acres: 0.39

Tax Info

  • Annual Taxes: 129

MLS Schools

  • High School: Salem
  • Middle School: Salem
  • School District: Salem Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
May 24, 2023
Sold by
Babbitt Earl L
Bought by
Tyson Thomas
Seller's Agent
Mary Finkle
Mainstreet Realtors
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$275,000
Sold Price
$243,000
Premium/Discount to List
-$32,000
-11.64%
Views
219
Current Estimated Value
$243,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498
Avg. Annual Appreciation
2.00%
Original Mortgage
$243,000
Outstanding Balance
$237,815
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$16,061

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 10, 2022
Sold by
Brown Jean A
Bought by
Babbitt Earl L and Babbitt Peggy D
Seller's Agent
KELSEY DAWSON
Buyer's Agent
Mary Finkle
Mainstreet REALTORS
List Price
$10,990
Sold Price
$10,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1862.88%

Purchase Details

Closed on
May 6, 2021
Sold by
Brown Jean Z and Revocable Trust Agmt Of Donova
Bought by
Brown Jean A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tyson Thomas $243,000 None Listed On Document
Babbitt Earl L $10,990 Striewe Joseph G
Brown Jean A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyson Thomas $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $243,000 +1.3% $135 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $240,000 -7.7% $133 / Sq Ft
03/13/2023 03/13/23 Price Changed $260,000 -5.5% $144 / Sq Ft
01/12/2023 01/12/23 For Sale $275,000 +2402.3% $153 / Sq Ft
05/10/2022 05/10/22 Sold $10,990 0.0% --
05/05/2022 05/05/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $10,990 0.0% --
04/19/2022 04/19/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $10,990 -- --
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,101 $210,100 $16,100 $194,000
2023 $1,934 $193,400 $16,100 $177,300
2022 $129 $4,300 $4,300 $0
2021 $129 $4,300 $4,300 $0
2020 $159 $5,300 $5,300 $0
2019 $159 $5,300 $5,300 $0
2018 $159 $5,300 $5,300 $0
2017 $159 $5,300 $5,300 $0
2016 $159 $5,300 $5,300 $0
2014 $159 $5,300 $5,300 $0
2013 $159 $5,300 $5,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Finkle

    Seller's Agent in 2023

    Mary Finkle

    Mainstreet Realtors

    (812) 883-9555

    124 in this area

    463 Total Sales

    Section Image

  • B

    Buyer's Agent in 2023

    Bedford NonMember

    NonMember BED

  • KELSEY DAWSON

    Seller's Agent in 2022

    KELSEY DAWSON

    (812) 528-0297

    6 in this area

    22 Total Sales

    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202301141

Indiana Regional MLS

APN: 88-24-20-111-014.000-022

Indiana Washington County Salem 47167

407 Fair St, Salem, IN

This home is located at 407 Fair St, Salem, IN 47167 since 12 January 2023 and is currently estimated at $239,725, approximately $133 per square foot. This property was built in 2023. 407 Fair St is a home located in Washington County with nearby schools including Bradie M. Shrum Lower Elementary School, Salem Middle School, and Salem High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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